Italy, renowned for its rich cultural heritage and historical significance, is also home to some of the largest and most influential companies in the world. These corporations span various sectors, including manufacturing, finance, energy, and telecommunications, reflecting the diverse economic landscape of the country. So what are the top ten biggest companies in Italy, lets examine their market share, profits, revenues, number of employees, leadership, services, products, history, and future growth projections for 2025.
1. Eni S.p.A.
Eni S.p.A., an integrated energy company, is one of the largest in Italy and ranks among the top oil and gas companies globally. Founded in 1953, Eni has established a strong presence in the exploration, production, and distribution of oil and natural gas. As of 2023, Eni reported revenues exceeding €80 billion, with a net profit of around €6 billion. The company employs approximately 31,000 people worldwide, driven by a leadership team focused on sustainable energy solutions and innovation.
Eni's operations extend across multiple continents, with significant investments in renewable energy projects, including solar and wind. The company's commitment to reducing carbon emissions aligns with global sustainability goals, positioning it for growth in the evolving energy landscape. Projections indicate that Eni will continue to expand its renewable energy portfolio, aiming for a substantial increase in its green energy output by 2025.
2. Fiat Chrysler Automobiles (FCA)
Fiat Chrysler Automobiles, now part of Stellantis, is a major player in the automotive industry. Established in 1899, Fiat has a storied history that includes the production of iconic vehicles such as the Fiat 500 and Alfa Romeo. In 2023, FCA reported revenues of approximately €110 billion, with a net profit of around €5 billion. The company employs over 200,000 individuals globally, with a significant workforce in Italy.
Stellantis, formed through the merger of FCA and PSA Group, is focused on innovation in electric vehicles (EVs) and autonomous driving technologies. The leadership is committed to transforming the automotive landscape, with plans to invest heavily in EV development. By 2025, Stellantis aims to have a robust lineup of electric models, catering to the growing demand for sustainable transportation solutions.
3. Enel S.p.A.
Enel S.p.A. is a multinational energy company and one of the largest utilities in Europe. Founded in 1962, Enel has evolved from a state-owned enterprise to a leading player in the global energy market, focusing on electricity generation and distribution, as well as renewable energy. The company reported revenues of approximately €85 billion in 2023, with a net profit of around €4 billion. Enel employs about 66,000 people worldwide.
Enel's commitment to sustainability is evident in its ambitious goals to increase its renewable energy capacity significantly by 2025. The company is investing in solar, wind, and hydroelectric projects, aiming to achieve carbon neutrality by 2040. With a strong focus on innovation and digitalization, Enel is well-positioned to lead the energy transition in Italy and beyond.
Intesa Sanpaolo is one of Italy's largest banking groups, providing a wide range of financial services to individuals and businesses. Established in 2007 through the merger of Banca Intesa and Sanpaolo IMI, the bank has a significant market presence, with revenues of approximately €20 billion and a net profit of around €4.5 billion in 2023. Intesa Sanpaolo employs over 90,000 people across its extensive network of branches.
The bank's leadership emphasizes digital transformation and customer-centric services, investing heavily in technology to enhance the banking experience. By 2025, Intesa Sanpaolo aims to further expand its digital offerings, catering to the evolving needs of its clients while maintaining a strong focus on sustainability and responsible banking practices.
5. Assicurazioni Generali S.p.A.
Assicurazioni Generali, founded in 1831, is one of the largest insurance companies in Italy and a prominent player in the global insurance market. With revenues exceeding €80 billion and a net profit of around €2.5 billion in 2023, Generali employs approximately 71,000 people worldwide. The company provides a diverse range of insurance products, including life, health, and property insurance.
Generali's leadership is committed to enhancing customer experience through digital innovation and sustainability initiatives. The company aims to achieve significant growth in its digital insurance offerings by 2025, responding to the increasing demand for personalized and accessible insurance solutions in the digital age.
6. Telecom Italia S.p.A. (TIM)
Telecom Italia, commonly known as TIM, is the largest telecommunications provider in Italy. Established in 1994, TIM has played a crucial role in the development of Italy's telecommunications infrastructure. In 2023, the company reported revenues of approximately €18 billion, with a net profit of around €1.5 billion. TIM employs around 50,000 people.
The company's leadership is focused on expanding its fiber optic network and enhancing mobile services, with significant investments in 5G technology. By 2025, TIM aims to solidify its position as a leader in digital services, providing innovative solutions to meet the growing demand for connectivity and digital transformation in Italy.
Top 10 Largest Companies in Italy
1. Eni S.p.A.
Revenues: €80+ billion
Net Profit: €6 billion
Employees: 31,000
Focus: Oil, gas, renewable energy
2. Fiat Chrysler Automobiles (FCA)
Revenues: €110 billion
Net Profit: €5 billion
Employees: 200,000+
Focus: Automotive, electric vehicles
3. Enel S.p.A.
Revenues: €85 billion
Net Profit: €4 billion
Employees: 66,000
Focus: Electricity generation, renewable energy
4. Intesa Sanpaolo S.p.A.
Revenues: €20 billion
Net Profit: €4.5 billion
Employees: 90,000+
Focus: Banking, financial services
5. Assicurazioni Generali S.p.A.
Revenues: €80+ billion
Net Profit: €2.5 billion
Employees: 71,000
Focus: Insurance
6. Telecom Italia S.p.A. (TIM)
Revenues: €18 billion
Net Profit: €1.5 billion
Employees: 50,000
Focus: Telecommunications, digital services
7. Luxottica Group S.p.A.
Revenues: €9 billion
Net Profit: €1 billion
Employees: 80,000
Focus: Eyewear, luxury brands
8. Ferrari N.V.
Revenues: €4 billion
Net Profit: €1 billion
Employees: 4,000
Focus: Luxury sports cars, hybrid/electric vehicles
9. Pirelli & C. S.p.A.
Revenues: €6 billion
Net Profit: €500 million
Employees: 30,000
Focus: Tires, sustainable mobility
10. Mundys (formerly Atlantia)
Revenues: €5 billion
Net Profit: €1 billion
Employees: 10,000
Focus: Infrastructure, transportation
Luxottica is the world's largest eyewear company, known for its high-quality frames and lenses. Founded in 1961, the company has grown to dominate the global eyewear market, with revenues of approximately €9 billion and a net profit of around €1 billion in 2023. Luxottica employs about 80,000 people globally and operates a vast retail network, including brands like Ray-Ban and Oakley.
The leadership at Luxottica is committed to innovation and sustainability, focusing on eco-friendly materials and production processes. By 2025, the company plans to expand its product offerings and enhance its digital presence, catering to the changing preferences of consumers in the eyewear market.
8. Ferrari N.V.
Ferrari, the iconic luxury sports car manufacturer, is synonymous with performance and exclusivity. Founded in 1939, Ferrari has established itself as a leader in the automotive industry, with revenues of approximately €4 billion and a net profit of around €1 billion in 2023. The company employs about 4,000 people and operates a highly specialized manufacturing process.
Ferrari's leadership is focused on maintaining its brand prestige while embracing technological advancements, particularly in hybrid and electric vehicle development. By 2025, Ferrari aims to introduce new models that align with the growing demand for sustainable luxury vehicles, ensuring its continued success in the competitive automotive market.
Pirelli is a leading tire manufacturer, known for its high-performance tires for cars, motorcycles, and bicycles. Founded in 1872, Pirelli has a rich history and a strong global presence, reporting revenues of approximately €6 billion and a net profit of around €500 million in 2023. The company employs about 30,000 people worldwide.
Pirelli's leadership emphasizes innovation and sustainability, investing in research and development to create advanced tire technologies. By 2025, the company aims to enhance its product offerings and expand its market share in the growing electric vehicle segment, positioning itself as a key player in the future of mobility.
10. Mundys (formerly Atlantia)
Mundys is a prominent infrastructure company, primarily involved in the management of toll roads and airports. Founded in 2000, the company has become a significant player in the transportation sector, with estimate revenues of approximately €5 billion and a net profit of around €1 billion in 2023. Mundys employs around 10,000 people.
The leadership at Mundys is focused on expanding its infrastructure portfolio and enhancing operational efficiency. By 2025, the company aims to invest in sustainable transportation projects, aligning with global trends towards greener infrastructure and mobility solutions.
Wrap Up
The landscape of Italy's largest companies reflects a dynamic and evolving economy, characterized by a strong emphasis on innovation, sustainability, and digital transformation. Each of these corporations plays a crucial role in shaping the future of their respective industries, with ambitious growth projections for 2025 that highlight their commitment to adapting to changing market demands and consumer preferences. As Italy continues to navigate the complexities of the global economy, these companies are poised to lead the way in driving economic growth and fostering sustainable development.